As signs of the next crypto bull season get clearer, investors are looking for the best coins to invest in. So far, experts have recommended Kaspa, Dogwifhat, and Cutoshi.
Custoshi’s innovative blend of meme-fun and real utility is drawing massive attention. Analysts predict that Cutoshi will 100x by the end of 2024.
Kaspa Takes Flight with KRC-20
Kaspa (KAS) is a proof-of-work cryptocurrency that supports high block rates. According to a report by Techopedia, Kaspa’s first price data comes from June 1st, 2022, when KAS traded hands for $0.0001699, its all-time low. Later, in November 2022, it witnessed a 694% increase in price, reaching almost $0.01/coin.
More recently, KAS has shown positive momentum following the launch of the KRC-20 mainnet on September 15, 2024. At the time of writing, the coin trades at $0.1601, a +93983.93% increase from its all-time low.
Just like Ethereum’s ERC-20 standard, KRC-20 will boost Kaspa’s blockchain capabilities to enable the creation of decentralized applications (DApps) and new tokens.
With KRC-20 in place, Kaspa will gain more adoption among DeFi lovers. During its stress testing, over 90 million KRC-20 transactions were successfully processed, which indicates that the network is ready for wider use.
Based on analysts’ reports, incorporating KRC-20 tokens will improve Kaspa’s scalability and user experience. The reports also reveal that Kaspa may stabilize at $0.17 for the rest of 2024.
While Kaspa is experiencing growth, the price of KAS may be a high entry point for investors who want to get in early on hot new coins like Cutoshi.
Dogwifhat Price Surges with Bitcoin Rally
Dogwifhat (WIF) is one of the most popular meme coins on the Solana blockchain. WIF has been bullish, rising by over 40% in the past week. This price surge can be traced to Bitcoin's recent price increase and growing investor interest in meme coins.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
Additionally, whales have been accumulating stablecoins, positively influencing the price of cryptos, WIF included. Looking at the price chart of WIF, the RSI suggests strong buying momentum and increased trading volume.
From the looks of things, WIF's upward trajectory could continue, potentially reaching new highs. But at its current price of $2.62, new investors may be reluctant to invest.
Nevertheless, the positive WIF price trend suggests strong market confidence and growing appeal within the meme coin sector. Therefore, new meme coins like Cutoshi present an opportunity for investors who wish to get in early to make a massive profit.
Cutoshi to Deliver 100x Returns
Founded on decentralization and privacy, Cutoshi is designed to onboard new people into DeFi. On the surface, Cutoshi (CUTO) is a meme coin, but in reality, it is more than that.
Firstly, it provides a multi-chain decentralized exchange where users can trade and swap tokens across various blockchains.
Secondly, Cutoshi farming allows users to complete quests and claim rewards. Unique NFTs will also be distributed to early adopters.
Thirdly, Cutoshi has an academy that will help newbies navigate the complex world of crypto and DeFi.
Another concept behind Cutoshi's creation is the Chinese Lucky Cat, traditionally known to bring fortune and wealth to its owners. Now, Cutoshi aims to bring this good fortune to users' digital assets.
The CUTO token will be used for transactions across the Cutoshi ecosystem. Analysts predict a 100x gain on this token in the coming months.
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